VRT Rides on Accelerating Data Center Growth: A Sign for More Upside?

Key Takeaways VRT benefits from rapid AI adoption, fueling strong data center sales and order growth. Backlog rose 12% sequentially and 30% YoY to $9.5B, supported by a 1.4 book-to-bill. The $1B PurgeRite acquisition boosts VRT's liquid cooling and thermal management capabilities. Vertiv (VRT) is benefiting from the accelerating growth of data centers globally, driven by the rapid adoption of AI and the increasing demand for digital infrastructure. The global acceleration of AI adoption is driving significa ...